Friday, September 22, 2006

Intel's Barrett blames broken health care system for U.S. job exodus

You don't think the American Healthcare system is in trouble? Read this from the chairman of Intel. It isn't very pretty. Here is some of what he said:

"Every job that can be moved out of the United States will be moved out ... because of health care costs,'' which averaged more than $6,000 per person in 2004, Barrett said..."The (health care) system is out of control, it's unstable, it's basically bankrupt, it gets worse each year and all we do is tinker around the edges when what we need are major fixes,'' Barrett said, adding that health care costs make it increasingly difficult for U.S. companies to compete with rivals abroad.

Barrett was more interested in seeing computerized stuff in hospitals than in stopping unnecessary scanning, but the problem is still obvious. Something has to be done before we lose the greatest healthcare system in the world!

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